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20121120
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studying the b.p. case and the relationship between business and the environment. how important is today's set element -- settlement. >> this is the biggest story.no. we have more dollars at stake. >> in terms of how importantthil us a little more. it's a record settlement. but it does encompass quite a few different features. in addition to the felony charges there is the fec investigation and the resolution of that matter and that is a big deal. >> darren is saying it's notove. the government is bringing gross negligence charges against bp. bp is going to fight it vigorously how is that going to play out? >> it's difficult for them toave standard when they admitted to the felony charges. when it's related to the environment. it's some $20 billion this is a big story but it's an even bigger story ahead. >> there have been so many fines there a silver lining to all of this? does this make the deep water drilling safer going into the future? >> well it's certainly a goodstr investors and the shareholders will see the company in a greater light. brrchltbut unfortunately we aret going to se
time in this environment. >> rose: will they in the next five years be able to move this from the sort of exporting economy model to a domestic demand model? >> i mean, the distinction between reformers and conservatives is a bit of an artifice, everyone that is meaningful in china that runs the country knows that they have to shift and trance form the economy, but the fact that someone is in favor of reform does not mean they are in favor of free market reform. so clearly there is going to be a lot of interest in redistributing wealth and whether or not they can move on that is an open question. but trying to ensure that folks, more people get into the middle classes, there is less dissent and less dissatisfaction with their lot in life as growth in china slows. >> rose: can the communist party as it exists today in its closed way, how long does it have? >> i have an answer for that. as i think i have discussed with you before, charlie, one of the main impressions to me of living in china opposite things are always true, it is wonderful and horrible and uplifting and discouraging and
not to destroy the world's environment, which they will do if other things being equal. and so we want to work with them on avoiding environmental just destruction. we want them to continue bringing people from rural poverty to sort of urban working classness, which is what they've been doing. we want them to grow up in both international and domestic ways. grow up internationally in having a foreign policy that's not just whatever's good for them commercially, which is what their foreign policy is now. and to say, "okay, you have to play a role in iran and syria or whatever, being responsible." domestically, we want them to gain confidence so they don't have to have their foot on their people's neck. most of the time in china you don't know the government's around. just kind of a sort of state of chaos -- >> really? >> and, yeah. >> i mean, not like russia, the soviet union -- >> oh, it's -- >> not that blanket -- >> entirely different. it's most of the time the areas the government cares about, the internet, democratic protest or whatever, taiwan, tibet, they're all over. when it doesn't inv
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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